- SEI defends $0.27 support, rebounding from $0.266 and consolidating near $0.275 in a horizontal range.
- Resistance levels remain at $0.310 and $0.350, with projections pointing toward a potential $0.34 breakout.
- Sei ecosystem shows strength with $435.49M TVL and $39.61M daily DEX volume, supporting recovery prospects.
SEI is trading above crucial support after a steep decline earlier in September. The token rebounded from $0.266, recovering toward $0.275 while stabilizing within a horizontal range. Market activity shows clear boundaries forming between $0.27 and $0.34. This support zone is attracting strong interest, suggesting a rebound to $0.34 could be the next step.
SEI Holding $0.27 Support Zone
According to an analysis prepared by Ali Charts, SEI tested the $0.266 level, which served as a strong support zone. After the rebound, the token has been trading near $0.275 while consolidating. Recent candles indicate that buyers continue to defend the $0.27 area, preventing deeper losses and setting up recovery potential.
Market data shows repeated tests of resistance near $0.310, confirming it as a key barrier. Stronger resistance remains around $0.350. Each approach toward these levels has caused sharp reversals, keeping the token inside a clear trading band.
This range now defines the short-term structure, with $0.27 acting as the base. Okan, a market analyst, observed that SEI has been consolidating between $0.26 and $0.35 within a Fibonacci channel. He stated, “With $0.27 acting as strong 0.5 fib support, the setup looks primed for a breakout.”
Next Leg Up Loading Toward $0.34
Projections from Ali Charts outline two possible upward moves. The first scenario shows a recovery toward $0.310, followed by consolidation. The second extends targets to $0.330 and $0.350, if momentum builds. Both pathways depend on the defense of $0.27 support, which remains the anchor for current trading activity.
Sei’s broader ecosystem continues to expand. According to DeFiLlama, its total value locked (TVL) stands at $435.49 million, with decentralized exchanges processing $39.61 million in daily volume. Despite recent declines, these levels remain elevated compared to early 2024.
The combination of strong support, resilient trading activity, and ecosystem growth indicates SEI is preparing for further upward testing. A confirmed move above $0.30 could clear the path toward $0.34, offering an attractive setup for bullish momentum.
